What’s everyone’s thoughts on Kevin O’Leary’s strategy? He only invests in stocks and ETFs that offer dividends (With exceptions like TSLA) He then uses the dividend payments and purchases more of said stocks or ETFs. Thus compounding the dividend payout to create more shares and earn more dividends sums.
I am looking to do this at a smaller scale obviously and am wondering if anyone has ever tried this.
I am 22 and am happy to invest over the next 25-30 years into a long term growth portfolio to have more financial freedom when I’m 50+.
The short term gains are hardly noticeably but around year 18-20 the gains are life changing. A quick YouTube search of Kevin O’Leary’s portfolio strategy returns great content.
Submitted November 21, 2021 at 11:11PM by BlackMagic771 https://ift.tt/30P1aHy
